261, MANSFIELD ROAD, REDHILL, NOTTINGHAM, NG5 8LS - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

261 MANSFIELD ROAD is a very large detached house of 173m², built sometime between 1930 and 1949. It was last sold for £450,000 in June 2021, which was around 45% above the average June 2021 detached price in the Gedling local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

261 MANSFIELD ROAD Sold Prices

Land registry data shows two sales for 261 MANSFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 261 MANSFIELD ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 30 JUN	£450,000	£310,171	45% above HPI
2007 26 JAN	£350,000	£202,931	72% above HPI

261 MANSFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 261 MANSFIELD ROAD sales from January 2007 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2007 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the June 2021 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 261 MANSFIELD ROAD?

261 MANSFIELD ROAD is 173m² according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 261 MANSFIELD ROAD lies on this distribution: 91% of detached houses are smaller than 261 MANSFIELD ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Arnold.

261 MANSFIELD ROAD: Plot and Title Map

261 MANSFIELD ROAD sits on a plot of roughly 0.206 of an acre, or 836m². The below map shows the location of 261 MANSFIELD ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 261 MANSFIELD ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 261 MANSFIELD ROAD?

261 MANSFIELD ROAD is located in REDHILL, in the NG5 postcode district. The below map shows the position of No. 261 on MANSFIELD ROAD.